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Edenville Share Chat (EDL)



Share Price: 0.295Bid: 0.28Ask: 0.31Change: 0.01 (+3.51%)Riser - Edenville
Spread: 0.03Spread as %: 10.71%Open: 0.2975High: 0.00Low: 0.00Yesterday’s Close: 0.285


Share Discussion for Edenville


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boonyboy
Posts: 303
Off Topic
Opinion:No Opinion
Price:0.295
Absolutely gutted
Today 07:52
To find the SP where it is currently falling to. Towards the end of last year I was hoping that the talk of 10k +of coal per month and the long ole dangling carrot of "in talks with customers" was going to really turn us around. But 5 months into 2018 and the SP couldn't have got much worse than where it is now.
For the first time in the last 6 years I'm really starting to worry about my money in here now. Just hope that they have something up their sleeves to help with the SP
 
Potter25
Posts: 889
Off Topic
Opinion:No Opinion
Price:0.295
Funds to be used to increase..
Today 07:50
Production rates! Unfortunately as Shareholders we even have doubts about this. Remember CEO's statement edenville are in Strong Position! That remains to be delivered.
Sausageonstick
Posts: 6,639
Question
Opinion:No Opinion
Price:0.285
So when do we.......
Today 07:09
....expect answers to our questions? It's been approx. 4 weeks now since placing RNS, no sign on the financials results, AGM or answers.

Confidence shot to pieces in Edenville by virtue of the historic low share price, and still Edenville remain in hunker down mode not communicating with shareholders. I'm expecting more red than blue today as people leave for other shares that are adding shareholder value.

I still can't c]get my head around the months of being told 10,000 tonnes was the aim, and that on the 31st January Edenville actually stated
The Company's wash plant and associated equipment is currently running at a throughput of 30 to 40 tonnes per hour, operating six days a week for 8 to 10 hours a day. Edenville is therefore in a position to process 8,000 to 10,000 tonnes of mined material per month.

Then 27th April
Placing to raise £740,000
The Company will apply the net proceeds of the Placing to advance its current mining operations. The majority of the funds raised will be deployed on expenditure, primarily capital expenditure, in connection with the expansion and enhancement of Edenville's current mining activities. The Company is currently operating at up to 4,000 tonnes of coal per month and will used these funds to increase production rates in order to fulfil current and potential orders. The balance of the net Placing proceeds will be used for general working capital purposes.

It just beggars belief as to why they won't communicate now?

So when do people expect a reply to the questions??
john_z_doe
Posts: 2,020
Off Topic
Opinion:No Opinion
Price:0.285
More BUYs than SELLs
Tue 20:15
and still the MM[s push the SP down...
BilboMultiBaggin
Posts: 1,789
Off Topic
Opinion:No Opinion
Price:0.285
RE: ISA s
Tue 18:39
Just looks like the churn of the new shares being dumped to me......if someone's bedding an ISA, that's an expensive way to go about doing it
Much cheaper and easier to just ask your broker to bed yor ISA for you!
larrygrayson
Posts: 205
Off Topic
Opinion:No Opinion
Price:0.285
ISA s
Tue 17:09
Lots of identical trades going through in pairs. Someone moving money into tax free havens ready for that big old rise.
Potter25
Posts: 889
Off Topic
Opinion:No Opinion
Price:0.285
RE: Any chartists??
Tue 16:16
You would think it can not get any worse! BOD's will need to give some really good excuse! Problem is they have lost all trust!
3.14
Posts: 1,771
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.2875
RE: Any chartists??
Tue 15:38
Charts mean nothing no news is down good news up that's it, at 10 k a month they recon it's treading water at present levels it's on its knees
norrab1
Posts: 3,753
Off Topic
Opinion:No Opinion
Price:0.285
Pott
Tue 13:58
Pott, how can he "reassure" if you don't "believe anything he says"?

My personal view is that the silence is indicative of a company in a weak position (not strong position).

I see suspension looming on the horizon...........
Potter25
Posts: 889
Off Topic
Opinion:No Opinion
Price:0.285
RE: Any chartists??
Tue 13:41
No point in charting this now, it's just absurd that BOD's continue to remain quiet while the Share price continues to hit all time low! Rufus must be aware and should reassure shareholders that the company remains in a strong POSITION!!! Difficult to believe anything that come from the board anymore..




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